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20.06.201910:19 Forex Analysis & Reviews: Burning forecast 06.20.2019 EURUSD

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The main event on Wednesday, June 19, was the decision of the Fed on monetary policy. The market was waiting for the decision of the Fed after the statements of the head of the ECB, Mario Draghi - that the ECB is ready to go for a new easing policy.

And the Fed responded - the Fed will be ready to lower rates - in case of a deterioration in the economy. This was what the market was waiting for - perhaps not as much as one wanted - but on the whole, the Fed met expectations - all currencies and gold show noticeable growth against the dollar on Thursday morning.

This could be the beginning of a big strong trend against the dollar.

EURUSD

It is possible to continue growth.

From the point of view of technical analysis, it is possible to purchase from 1.1250 - and purchases at the breakthrough of 1.1350 upwards.

In the case of a full downward reversal, we consider sales from 1.1180.

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